March

Blog Posts in March, 2012

  • Freddie and Fannie: Principal Reductions Make Sense

    As first reported by Pro Publica and NPR News, Freddie Mac and Fannie Mae have released statements in favor of granting principal reductions on loans held by the two government sponsored entities (GSEs). Given that Freddie and Fannie currently hold ...
  • If you ask the blogosphere the above question, it appears that the answer is a resounding "No." Abigail Caplovitz Field has described the settlement as a means for the banks to " systematically overcharge borrowers and steal their ...
  • The U.S. Department of Justice and U.S. Department of Housing and Urban Development (HUD), in addition to 49 attorneys general, filed a $25 billion settlement in federal court on Monday - a settlement involving the nation's five largest mortgage ...
  • Are Lawsuits Based On HAMP Guidelines Viable?

    The Home Affordable Modification Program (HAMP) has been the subject of many of my blog posts. This is because, love it or hate it, HAMP is the program with which we're stuck. I've seen many homeowners in foreclosure who fell into a ...
  • Why Should I Ask To See The Original Note?

    The "show me the note" movement pops up in the news from time to time. This article inspired me to write yet another post about the importance of demanding to see the note. One of the most important questions to ask when faced with a ...